Labour = lower rents and house prices

The-Joker

Especially right to buy private tenants which had already spooked the market. Foreign property owners all want to sell up in Britain if the government can force them to sell at a lower price.

The long list of other labour policies all equals lower property

lisyloo

A corbyn government is a long shot But I’ll play along.

If lots of landlords sell then there will be a lack of accommodation available for those that have to rent. In certain parts of the country where people can’t easily move out (say central London) rental prices will rise.
Labour will not be able to provide a lot of rental properties in the short term so those who can’t buy will have a problem.

The-Joker

lisyloo wrote: »

A corbyn government is a long shot But I’ll play along.

If lots of landlords sell then there will be a lack of accommodation available for those that have to rent. In certain parts of the country where people can’t easily move out (say central London) rental prices will rise.
Labour will not be able to provide a lot of rental properties in the short term so those who can’t buy will have a problem.

House prices will also fall and labour will be bringing in all sorts of schemes to get the renters to b able to buy at greatly reduced rates

oddjobbpb

Nope. No matter what you do, you can't buck the market.

All the time there is healthy demand for rentals and a shortish supply, rents will be high.

The-Joker

oddjobbpb wrote: »

Nope. No matter what you do, you can't buck the market.

All the time there is healthy demand for rentals and a shortish supply, rents will be high.

I disagree wholeheartedly if you are trying to say markets can’t be manipulated.

Every market is manipulation today.

Especially the housing markets around the world

I’m not saying Labour will manipulate the market lower, I’m saying they will stop manipulating to keep the bubble inflated so high

The-Joker

oddjobbpb wrote: »

Nope. No matter what you do, you can't buck the market.

All the time there is healthy demand for rentals and a shortish supply, rents will be high.

Go look in a refugee camp you will see exactly that to an extreme degree “high demand for rentals and a shortish supply, rents should be high” but they are not because there is not much money about DUH

ChopperST

The-Joker wrote: »

Go look in a refugee camp you will see exactly that to an extreme degree “high demand for rentals and a shortish supply, rents should be high” but they are not because there is not much money about DUH

Are you actually being serious?

The-Joker

ChopperST wrote: »

Are you actually being serious?

If you disagree that house prices should be soaring in a refugee camp then please tell where the money will come from?

It’s a very fitting analogy because the majority of people are worse off that ever in the uk these days.

Malthusian

The-Joker wrote: »

Go look in a refugee camp you will see exactly that to an extreme degree “high demand for rentals and a shortish supply, rents should be high” but they are not because there is not much money about DUH

In economics demand is measured in pounds, not people. One person who wants to pay £100 for an item has the same effect on the market as two people willing to pay £50 each to share it. If today someone is willing to pay £90 for an item with a current market price of £100 and tomorrow the same person has a windfall and is now willing to pay £110, demand has risen and production should increase, even though the number of people demanding the item is unchanged.

There is £0 demand for tents in a refugee camp because refugee camps exist for people with no money. Anyone in a refugee camp who has money digs a hole and saves it up until they have enough to get out of the refugee camp. The fact that lots of people with no money want to live there is irrelevant, demand is measured in £s and demand for a refugee tent is £0.

You have already had this pointed out to you but ignored it twice, because you like to lie to yourself.

It’s a very fitting analogy because the majority of people are worse off that ever in the uk these days.

Also a lie to yourself.

ChopperST

The-Joker wrote: »

If you disagree that house prices should be soaring in a refugee camp then please tell where the money will come from?

It’s a very fitting analogy because the majority of people are worse off that ever in the uk these days.

There is no money in a refugee camp. They are poor souls fleeing war, persecution or disease and probably have the clothes on their back.

To compare it to the UK housing market is insulting to the extreme.

The base price to the consumer (refugee) of the product (most likely a tent) is zero. It is an entirely different scenario to a normal market with market forces influencing buyers and sellers.

lisyloo

The-Joker wrote: »

House prices will also fall and labour will be bringing in all sorts of schemes to get the renters to b able to buy at greatly reduced rates

I referred to those who cannot buy.
Perhaps those disabled or without a steady income e.g. self employed.
Where are you going to put those people short term when landlords sell up??

I am talking about supply to certain parts of the market, not prices.

About a third of the population traditionally don’t buy and aren’t able to.